Invesco Preferred ETF
473 hedge funds and large institutions have $2.59B invested in Invesco Preferred ETF in 2024 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 143 increasing their positions, 164 reducing their positions, and 51 closing their positions.
213% more call options, than puts
Call options by funds: $633K | Put options by funds: $202K
33% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 51
20% more capital invested
Capital invested by funds: $2.16B → $2.59B (+$438M)
5.5% more ownership
Funds ownership: 47.66% → 53.16% (+5.5%)
2% more funds holding
Funds holding: 464 → 473 (+9)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
13% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$116M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$98.7M |
| 3 |
Cohen & Steers
New York
|
+$60.1M |
| 4 |
JP Morgan Chase
New York
|
+$28.4M |
| 5 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ACT Advisors
Asheville,
North Carolina
|
-$17.4M |
| 2 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$15.4M |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$13M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.79M |
| 5 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
-$6.83M |
PGX Hedge Fund Activity: Q4 2024 in Review
473 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Invesco Preferred ETF (PGX) for Q4 2024, worth a combined $2.59B — up 20% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new PGX positions and 51 closed out — a net gain of 17 holders — while 143 added to existing stakes and 164 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $116M. The largest seller was ACT Advisors, exiting entirely with an estimated $17.4M sold.
- 473 institutional investors held Invesco Preferred ETF (PGX) as of Q4 2024, up from 464 in Q3 2024.
- Funds reported $2.59B of Invesco Preferred ETF stock for Q4 2024, up 20% quarter-over-quarter.
- 68 funds opened new Invesco Preferred ETF positions in Q4 2024 and 51 closed out, a net change of +17 holders.
- The largest Invesco Preferred ETF buyer in Q4 2024 was First Trust Advisors, an estimated $116M added.
- The largest Invesco Preferred ETF seller in Q4 2024 was ACT Advisors, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2024.